TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 (NASDAQ:TPGXL) Short Interest Update

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 (NASDAQ:TPGXL) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 5,654 shares, a decrease of 58.6% from the May 31st total of 13,655 shares. Based on an average daily volume of 23,525 shares, the short-interest ratio is presently 0.2 days.

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 Stock Down 1.4%

NASDAQ TPGXL traded down $0.32 during trading on Monday, hitting $23.02. The stock had a trading volume of 2,654 shares, compared to its average volume of 23,725. TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 has a one year low of $22.34 and a one year high of $26.25. The stock has a 50 day simple moving average of $23.94 and a 200 day simple moving average of $24.53.

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were paid a dividend of $0.4344 per share. This represents a $1.74 dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date of this dividend was Monday, June 1st.

TPG Operating Group II, L.P. is a special purpose issuer affiliated with TPG Capital, a global alternative asset management firm. Established to raise capital for TPG’s diversified investment platform, the partnership draws on TPG’s experience in private equity, growth equity, real estate and credit. While TPG Operating Group II, L.P. itself does not manage investment funds directly, it serves as the issuing entity for debt securities used by TPG’s broader corporate and investment structure.

In November 2014, the partnership issued its 6.950% Fixed-Rate Junior Subordinated Notes due 2064, which trade under the ticker symbol TPGXL on the NASDAQ.